The Rural Regeneration and Development Fund seeks to support ambitious and strategic projects which have the potential to transform rural economies and communities. The Government has committed €1 billion over 10 years to the Fund and €315 million is allocated to the Fund for the period 2019-2022.
The second call for Category 1 applications for the Rural Regeneration and Development Fund closed on 6th August 2019. Category 1 projects are projects which have all necessary planning and other consents in place and are ready to proceed. There was an excellent response from across the country and my Department received 69 applications for funding.
The applications underwent assessment by my Department under the oversight of the Project Advisory Board, which includes representatives from key Government Departments as well as independent experts. On foot of this process, a report on recommended projects was submitted to me to inform my decision in relation to the allocation of funding to successful projects. Having now made my decision, I am delighted to say that the successful projects will be announced tomorrow, Wednesday 6th November 2019.